By Joe Zhu
The writer is among the well-liked researchers within the box of knowledge Envelopment research (DEA), a strong facts research software that may be utilized in functionality overview and benchmarking. This ebook is predicated upon the author’s years of analysis and educating experiences.
It is tough to judge an organization’s functionality whilst a number of functionality metrics are current. The problems are extra stronger whilst the relationships one of the functionality metrics are complicated and contain unknown tradeoffs. This e-book introduces information Envelopment research (DEA) as a multiple-measure functionality overview and benchmarking instrument. the focal point of functionality evaluate and benchmarking is shifted from characterizing functionality when it comes to unmarried measures to comparing functionality as a multidimensional structures perspective.
Conventional and new DEA methods are provided and mentioned utilizing Excel spreadsheets — probably the most powerful how one can learn and assessment selection choices. The person can simply strengthen and customise new DEA versions established upon those spreadsheets.
DEA versions and methods are provided to accommodate functionality assessment difficulties in quite a few contexts. for instance, a context-dependent DEA measures the relative reputation of comparable operations/processes/products. Sensitivity research thoughts could be simply utilized, and used to spot serious functionality measures. Two-stage community potency types can be used to review functionality of provide chain. DEA benchmarking versions expand DEA’s skill in functionality assessment. numerous move potency techniques are provided to supply peer overview scores.
This ebook additionally presents an easy-to-use DEA software program — DEAFrontier. This DEAFrontier is an Add-In for Microsoft® Excel and offers a customized menu of DEA ways. This model of DEAFrontier is to be used with Excel 97-2013 lower than home windows and will clear up as much as 50 DMUs, topic to the skill of Excel Solver. it truly is an exceptionally robust software which can help decision-makers in benchmarking and reading complicated operational functionality concerns in production businesses in addition to comparing approaches in banking, retail, franchising, future health care, public providers and plenty of different industries.
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Additional info for Quantitative Models for Performance Evaluation and Benchmarking: Data Envelopment Analysis with Spreadsheets (International Series in Operations Research & Management Science)
Quantitative Models for Performance Evaluation and Benchmarking: Data Envelopment Analysis with Spreadsheets (International Series in Operations Research & Management Science) by Joe Zhu